Funding arb · Price arb /

H

all H markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Bitget+0.374%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$503as in the Funding arb table

Net, price: spread back to 7d avg − costs−$471as in the Price arb table

costs, in and out, $10k−$5035.025% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.305%−$31 · spread now +0.374%, 7d avg +0.053%

Together, before fees−0.305%−$31 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.320% dearer against Bitget than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of +0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget HUSDT	0.06691	0.0100	pay 0.0050% / 4h	1h 41m	$1.7M	$458K	4x
Short	Gate H_USDT	0.06716	0.0100	get 0.0050% / 4h	1h 41m	$2.8M	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee GatebpOrdersPrice spread, now +0.374%Rate

Funding earned: $0
Price spread: +0.374% → +0.053%: $32.02
Slippage, 4 orders: −$475.53
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$470.51
Costs to cover: 5.025%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 1 min ago	8.96 bp	163.9 bp −$164	720.6 bp −$7,206	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	5.94 bp	107.8 bp −$108	doesn't fit	doesn't fit	doesn't fit

H on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective H/USDC PERP	+0.0033%	1h	0.06250	−6.591%	$1K	$1	5.5x	as long as short
KuCoin HUSDTM	+0.0068%	4h	0.06717	+0.389%	$1.6M	$10.0M	8x	as long as short
Aster HUSDT	+0.0100%	4h	0.06723	+0.480%	$110K	$56K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06718	+0.397%	$14.4M	$11.1M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06706	+0.224%	$7.4M	$4.8M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06723	+0.478%	$1.8M	$6.0M	10x	as long as short
Gate H_USDTshort	+0.0100%	4h	0.06716	+0.374%	$2.8M	$1.8M	10x
MEXC H_USDT	+0.0100%	4h	0.06722	+0.463%	$6.0M	$1.1M	20x	as long as short
Bitget HUSDTlong	+0.0100%	4h	0.06691	long leg	$1.7M	$458K	4x
BingX H-USDT	+0.0100%	4h	0.06718	+0.404%	—	$2.7M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni H	+0.0100%	4h	0.06708	+0.257%	$7K	$9K	—	as long as short
GRVT H_USDT_Perp	+0.0100%	4h	0.06752	+0.914%	$1.1M	$437K	10x	as long as short
Extended H-USD	+0.0104%	1h	0.06726	+0.524%	$10K	$101K	5x	as long as short
BloFin H-USDT	+0.0133%	4h	0.06731	+0.598%	$586K	$110K	25x	as long as short